Some Anaheim residents protest city spending money to get Kings

3 Comments

Anaheim is like virtually every other city in the nation right now — the recession has meant budget deficits and cuts.

Specifically, Anaheim is running a $10-$11 million deficit and has depleted its financial reserves down from $45 million to about $11 million, the Orange County Register reports.

On April 12, the Anaheim City Council is expected to vote on floating bonds to pay for the renovation of the Honda Center and to build a practice facility, steps needed to lure the Kings to the city. (The issue is on this week’s council agenda with a request to continue it to the April 12 meeting. The Council can debate the issue, but traditionally these continuation requests are approved without much if any discussion.)

Already, some residents of the city are opposing that move, the Register adds.

“Aren’t we already facing a huge deficit?” resident Nathan James asked in an email. “What sense does it make to spend more money, especially when this area already has two pro (basketball) teams?”

If enough residents stepped forward to protest, it would kill the deal. But as Anaheim is a city that likes the idea of having another major sports franchise — and this time named after the city, not stuck on like an afterthought at the end — it would take a huge groundswell. Which means it would have to cost the taxpayers directly.

If this bond were structured in a way that the public had to pay for the financing it would have to go to a public vote. So you can bet that’s not how it’s going to go down. The Register suggests the alternative of “revenue bonds.”

Likely, funding would come from private investors and bonds would be paid off with the increased revenues anticipated from the Honda Center, in large part because of the NBA team.

Back in the early 1990s, the city issued bonds to construct the $123 million arena – a debt that was taken on by Ogden, and later by Anaheim Arena Management, the Henry Samueli-owned company that operates the Honda Center and is negotiating to bring the Kings here. Some $36 million in principal is left on that debt.

LaVar Ball confronts wrestler at WWE event (video)

1 Comment

LOS ANGELES (AP) — LaVar Ball has brought his Big Baller Brand from the basketball court to the wrestling ring.

The outspoken father of NBA draft No. 2 pick Lonzo Ball showed up with the newly minted Los Angeles Laker and another son, 15-year-old LaMelo, for a live segment on Monday’s “WWE Raw” at the Staples Center in Los Angeles.

During the segment, LaMelo Ball twice used the n-word, which was broadcast over the air. WWE says in a statement to the Los Angeles Times that the language “was not scripted nor reflects WWE’s values.”

For LaVar Ball’s appearance, the ring was decorated with mannequins displaying his Big Baller Brand clothing line. He got in a heated confrontation with WWE wrestler The Miz, and took his shirt off to cheers from the crowd.

Bulls, with Michael Carter-Williams, first team to decline extending qualifying offer to Rookie of the Year

Stacy Revere/Getty Images
1 Comment

Just four years ago, Michael Carter-Williams won Rookie of the Year.

Now, the Bulls don’t even see a $4,187,599 qualifying offer as worth extending.

David Kaplan of CSN Chicago:

Credit Sam Hinkie for trading Carter-Williams (to the Bucks) at just the right moment, netting the 76ers a valuable Lakers first-round pick that Philadelphia used to trade up for Markelle Fultz. Carter-Williams hasn’t nearly lived up to the typical production of a former Rookie of the Year.

The Bulls got Carter-Williams far cheaper from Milwaukee, for Tony Snell (who had a breakout year with the Bucks). But Carter-Williams continued to regress in Chicago. It’s just hard for a point guard with such a shaky outside shot, and Carter-Williams’ injuries haven’t helped.

With a smorgasbord of point guards that now includes Kris Dunn and Cameron Payne, the Bulls can move on.

Carter-Williams can probably latch on as a backup point guard somewhere. As an unrestricted free agent, teams will have greater comfort pursuing him. But this is a blow for someone with such a big accolade on his résumé.

Celtics’ reported plan: Sign Gordon Hayward, trade for Paul George

AP Photo/George Frey
4 Comments

The Celtics are trying to sign Gordon Hayward.

They want to trade for Paul George.

It seems those goals are not mutually exclusive.

Adrian Wojnarowski of Yahoo Sports:

The Boston Celtics are pursuing an aggressive summer plan of sequencing the signing of free agent Gordon Hayward and relinquishing the assets needed to complete a trade for Paul George, league sources told The Vertical.

For salary-cap purposes, Boston wants a Hayward commitment before it can finalize a trade for George and secure the most dynamic free-agent coup in franchise history, league sources said.

For Boston, here’s the hitch: While Indiana believes Boston can offer the best possible package, the Pacers may be unwilling to wait until the start of July free agency on Boston’s timetable and could turn toward making a deal elsewhere for George, league sources told The Vertical.

The Celtics can clear cap space to sign Hayward. They have the ammo to trade for George. They could do both.

But, as covered before, there’s probably not a path to signing Hayward and extending George’s contract.

So, how much would Boston surrender for George on an expiring contract? The risk he walks in a year, particularly for the Lakers, should lower the Celtics’ offer.

Still, Boston could trade for the Pacers star and roll the dice on re-signing him. Playing with Hayward – and Isaiah Thomas and whichever other players the Celtics keep in this arrangement – would be pretty appealing.

Rumor: LeBron James would ‘never’ join Clippers

AP Photo/Tony Dejak
4 Comments

The Clippers hired Jerry West, in part, to help lure LeBron James.

But even with LeBron-to-Los Angeles (Clippers or Lakers) rumors swirling, that plan might not even get off the ground.

Mike Wise of The Undefeated on Freddie and Fritz:

I’m going to give you something on this show, and this is breaking news. Nobody else is going to have it.

I got from a very good authority – a very good authority – that LeBron James will never be a Clipper. I can’t tell you who, but I’m going to tell you it’s somebody that knows, and LeBron James will never be a Clipper. I don’t know if that’s because he remembers what the Clippers used to be, or he just doesn’t want to put his lot in there, or he thinks Steve Ballmer is just too animated on the sideline.

He’s never going to be a Clipper. I’m just telling people right now, for your edification. I’m breaking this on the Freddie Coleman and Fitz show.

I don’t believe in “never” in situations like this. As Jerry Seinfeld would say, teams are just laundry. The Clippers can change owners, general managers, coaches, players. LeBron would remain absolutely opposed to joining?

Maybe, but I won’t go that far without knowing his reason for resisting the Clippers. A lot can change between now and 2018, when LeBron can opt out.

One of the Clippers’ biggest selling points was always going to be Chris Paul, LeBron’s close friend. Reading the tea leaves, maybe this is a sign Paul will leave this summer – for the Spurs, Rockets or somewhere else.